Americas

Avianca moves for  $1.2 billion DIP financing 

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Avianca moves for  $1.2 billion DIP financing 

Colombian carrier Avianca has become the latest Latin American airline, after LATAM and Aeromexico, to opt for DIP financing as it navigates in Chapter 11 bankruptcy proceedings in US Federal Court after it announced its seeking $1.2 billion. Avianca has been working with its advisors, led by Sea...

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